HomeMy WebLinkAbout(0102) DOC-101572-20201029-McCart at Altamesa HSIP AFA Resolution.PDFA Resolution
NO.
A RESOLUTION AUTHORIZING EXECUTION OF AN ADVANCED
FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF
TRANSPORTATION IN THE AMOUNT OF $1,440,539.00, OF WHICH
LOCAL PARTICIPATION IS $658,225.00, FOR THE MCCART AVE &
ALTAMESA BLVD INTERSECTION IMPROVEMENTS PROJECT
WHEREAS, federal law establishes federally funded programs for transportation
improvements to implement its public purpose; and
WHEREAS, the Texas Transportation Code, Section 201.103 establishes that the
State shall design, construct and operate a system of highways and roads in cooperation
with local governments, and Section 222.052 authorizes the Texas Department of
Transportation Commission to accept contributions from political subdivisions for
development and construction of public roads within political subdivisions; and
WHEREAS, a Master Agreement between the City of Fort Worth ("Local
Government") and the State of Texas acting through the Texas Department of Transportation
("State") has been approved which states the general terms and conditions for Advance
Funding Agreements (AFA) for transportation projects and other projects; and
WHEREAS, the City of Fort Worth desires to enter into an Advance Funding
Agreement with the Texas Department of Transportation in the amount of $1,440,539.00, of
which $723,205.00 is federal participation, $59,109.00 is state participation and
$658,225.00 is local participation for the purpose of constructing the McCart Ave &
Altamesa Blvd Intersection Improvements Project.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, THAT:
The City Manager is authorized to execute an Advance Funding Agreement with the
Texas Department of Transportation in the total estimated amount of $1,440,539.00 with
City participation in the estimated amount of $658,225.00 for the purpose of constructing
the McCart Ave & Altamesa Blvd Intersection Improvements Project.
Adopted this ___day of... 2020.
ATTEST
Mary J. Kayser
City Secretary
OR�WO TTI
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